Tag Archives: Kerzner International
The Bahamas – Kerzner to step down as Kerzner International Chairman
Sol Kerzner is to step down from his position as Chairman of Kerzner International following the sale of a ‘significant’ number of shares in the company to the Investment Corporation of Dubai. Executive director and CEO Mohammed Al Shaibani will take over the position of Chairman. Mr Kerzner said: “I am exceptionally proud of all…
China – Hainan says ‘no’ to casino development
Politicians from the Chinese holiday island of Hainan have said casinos will never be allowed to operate, ending investor hope that the market could open up there. Speaking at China’s annual parliamentary meeting, Luo Baoming, Hainan’s Communist Party Chief, said: “We cannot at all allow Hainan to operate casinos.” Sol Kerzner, the man who created…
China – Kerzner to build non-gaming Atlantis in China
Hotelier Kerzner International is planning a huge, non-gaming resort on the ‘Hawaii of China’ supported financially by a leading Chinese investor. Kerzner is famed for developing huge casino resorts such as Sun City in South Africa and Atlantis in the Bahamas, is teaming up with Chinese conglomerate Fosun International to build the $1.5bn Atlantis resort on Hainan…
